What Would you Do With $80,000, Updated!

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An Update on What to Do With My Pool of Money A couple months ago, I talked about a few different options for what I was going to do with the pool of money I’d accumulated from teaching English abroad in South Korea (for all the details about teaching in Korea, see my other blog: My Life! Teaching in a Korean University). For the original post, see: What Would you Do With $80,000? In the blog…

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ETFs and Dividend Paying Stocks in a Single Portfolio

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Another reader question today: “Do you combine the 70:30 approach with dividend stocks (I mention a 70-30 approach for investing in my book, The Wealthy English Teacher, where I refer to something like having 70% of your portfolio in stocks and 30% in bonds)? Is it sensible to have a portfolio like the following: 10% HXT Horisons S&P/TSX 60 index 25% Vanguard FTSE Developed Index ETF 30% S&P 500 index 30% Horison’s Canadian Select Bond…

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Why doesn’t Andrew Hallam like Dividend Paying Stocks?

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A reader question: “After reading your book (The Wealthy English Teacher: Teach, Travel, and Secure Your Financial Future) and being on the Dividend Monk’s site I was excited to see what Hallam would say about quality dividend stocks (strong fundamentals, history of increasing dividends, etc) in The Global Expatriate’s Guide to Investing: From Millionaire Teacher to Millionaire Expat. However it seems like Hallam dismissed them quite quickly, saying that they didn’t earn as well as…

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YOU are taking a vacation?

As I exercise, I listen to podcasts and once of my favorite financial ones is Suze Orman, author of The Money Book for the Young, Fabulous & Broke. She takes calls on her show from people who have serious financial problems, but are quite often in just as serious denial. Examples of the Financial Crazy 1. Someone has $60,000 in credit card debt, but they just leased a $20,000 car. 2. Another person is struggling…

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What I’m Buying: VDY (Canadian High Dividend Yield ETF)

The problem that’s not really a problem I’ve talked a bit about how I’ve been sitting on almost $10,000 of cash, waiting for the market to crash so I can buy. I actually like to have all my cash invested, along with around $30,000 on the margin, so that was $40,000 I didn’t have put to good use. Now, I do realize that having too much cash isn’t really a real problem, but it was…

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The Wealthy English Teacher- Available on Amazon

 The Wealthy English Teacher: Teach, Travel, and Secure your Financial Future is now available on Amazon. It has a much bigger potential audience than my most nichiest of niche first book about how to get a university job in South Korea. I’m hoping that it’s the type of book that people really like, and tell their friends about, who in turn tell a few other people. So far, I’ve sold a decent amount of copies in…

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What about Investing in Gold and Silver?

My Old Coworker’s Obsession I remember a few years ago when I worked with a couple guys who were obsessed with buying gold and silver. They were totally and completely convinced that stockpiling these two assets, physically was the best way to put their hard-earned dollars to work. I remember thinking that this seemed like a complicated endeavor because you had to go buy the product and hope you were not getting ripped off, then you…

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What I’m Selling: Wal-Mart Stock

With the recent run-up in stocks over the past year, I’ve been slowly exiting positions in my portfolio that I wasn’t 100% confident in and reducing the money I’ve borrowed on the margin and going to cash in anticipation of a medium-large drop within the next year (hopefully!). Wal-Mart stock is one of them. Why I’m Selling Wal-Mart Stock Retail is Ultra-Competitive Retail is an extremely competitive space as consumers are pretty fickle. It’s just…

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December 2014 Passive Income Report

This month’s passive income totaled $725.01, most of which was dividends. December is traditionally the best month of the year for dividend payouts. I also earned a decent amount for my Ebook How to Get a University Job in South Korea: The English Teaching Job of Your Dreams ($25); I’d be pretty happy if I kept earning this amount each month. For a detailed look at my passive income report, check out this link. Compared…

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Why I Don’t Like Mutual Funds

I was happy to see that Andrew Hallam in his book, The Global Expatriate’s Guide to Investing: From Millionaire Teacher to Millionaire Expat dislikes mutual funds as much as I do. It actually surprises me that more financial gurus, such as Dave Ramsey (from The Total Money Makeover) don’t jump off the mutual fund bandwagon and onto the index investing or dividend stock investing one. Anyway, mutual funds are a pretty terrible investment choice especially…

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Am I Worried About Losing All My Money in a Stock Market Crash?

I was talking with a friend yesterday and she was asking how much money I can gain or lose in a single day and if I was worried about a stock market crash, or not. Short Answer: I can gain or lose $3000 or $4000 or even more in a single day and I’m not worried about it. Here’s why: the gains or losses in my portfolio are not actually real gains or losses because…

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Book Review. The Global Expatriate’s Guide to Investing: From Millionaire Teacher to Millionaire Expat

Disclaimer: I was sent a free copy of this book by Andrew Hallam, The Global Expatriate’s Guide to Investing: From Millionaire Teacher to Millionaire Expat in exchange for reviewing it on this blog. Overall, I really enjoyed it and would recommend it to any expat looking to get into the investing arena and do it right the first time, instead of through trial and error and losing a lot of money in the process. I…

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What I’m Buying: Energy Stocks

I normally like to have around $20 000-40 000 invested on the margin (money borrowed from my broker), which I can get at a really low interest rate (1.62% for the first $100 000 with Interactive Brokers) and then invested in dividend paying stocks that pay 3-5%, which leaves me with a nice profit of around 1-3% (after taxes) on that money. Except lately the markets have been going up and up and I’ve been…

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November 2014 Passive Income Report

November 2014 Passive Income came in at $288.14. For the breakdown and comparison to the previous few months, check out: Passive Income Report The bulk of my income came from dividend paying stocks and Hubpages (formerly Squidoo), as usual but a nice addition was $42.68 in sales from my my new Ebook, How to Get a University Job in South Korea: The English Teaching Job of Your Dreams. Compared to previous years: Nov. 2013: 268.98…

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What if the Stock Market Crashes?

US stocks are flying high lately, with the S&P 500 and the Dow Jones Industrial Average hitting record highs. I just checked my portfolio and was shocked to discover that I’d just made $7000 US in the past 30 days. Now, I’m under no illusion that these are “actual” gains because what goes up, must come down. Here’s what I do to prepare for the inevitable. I like to have at least 5 or 6…

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It’s always time to buy stocks

If you’ve been following this blog, you know that I’ve been wavering in indecision about what to do with my excess cash. Sitting on it earning 1% interest is a terrible option because I’m actually losing money due to inflation and I can earn more than that on basically all of the stocks that I own because of the dividend, no matter what the actual stock price is. And you’d also know that I eventually…

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English Teaching and Passive Income Building

I was just talking to a coworker of mine this morning about how he views the job that we do as more of a part-time thing and that he has other stuff going, as I do with this blog and other online ventures. And I guess that that’s the best part about the English teaching overseas gig – most jobs are not really “full-time,” as in 40 or 50 hours a week, but are generally…

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August 2014 Passive Income Report

August 2014 was a pretty slow month in terms of passive income, totaling $216.46. But, I added up the total, year to date and it’s around $2500. Not bad for the very little amount of time and energy I put into it. You can see my passive income report here. Something I am happy about is Iherb, which I am getting an increasing amount of money from each month. Something that seems to be working…

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July 2014 Passive Income Report

This month wasn’t great in terms of passive income, coming in with a total of $219.09, but I didn’t exactly put a lot of effort into maintaining my current sites or building new ones due to how busy I was at the day job, which is always a frustration. Plus, I was on vacation in Malaysia for a large part of it. Check out the specifics of my July 2014 Passive Income Report here. Comparing…

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